Mathematics, 18.03.2021 03:10 19greenlymoos
Beth opened a savings account and deposited $600.00 as principal. The account earns 11% Interest, compounded annually. What is the balance after 3 years?
Use the formula A = P(1 + 9) where A is the balance (final amount), Pis the principal (starting amount), r is the interest rate expressed as a decimal, n is the
number of times per year that the interest is compounded, and t is the time in years.
Round your answer to the nearest cent.
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Beth opened a savings account and deposited $600.00 as principal. The account earns 11% Interest, co...
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